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Forex Trend Analysis Report

Prepared for you on Friday, October 15, 2021.

Swedish Krona/Swiss Franc (FOREX:SEKCHF)

Weak Downtrend (-65) - SEKCHF is showing signs of a strengthening downtrend. Monitor SEKCHF as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SEKCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKCHF
Open High Low SEKCHF Price Change
10.69615 10.73150 10.68000 10.71750 +0.02135
Entry Signal

MarketClub’s Trade Triangles for SEKCHF

long term down The long-term trend has been DOWN since Jun 16th, 2021 at 10.7300

intermediate term down The intermediate-term trend has been DOWN since Sep 28th, 2021 at 10.6200

short term up The short-term trend has been UP since Oct 14th, 2021 at 10.6393

Smart Scan Analysis for SEKCHF

Based on our trend formula, SEKCHF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SEKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.69615 10.73150 10.68000 10.71750 +0.02135
Prev. Close Volume Bid Ask Time
10.69615 2021-10-15 17:01:24
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